Glokal Group, based in Argentina, and Blue Road from Miami have commenced construction on the $40 million Dolce by Wyndham Miami hotel in Miami Beach.
The new hotel, featuring 90 rooms, a restaurant and a rooftop pool, will stand five stories tall on a 15,000-square-foot lot located at 1745 James Ave. It is expected to create 45 jobs upon its opening in 2026 and will be managed by AADESA Hotel Management and Blue Road.
Local construction firm Buslam is serving as the general contractor, while Revuelta Architecture is handling the design. Amerant Bank, based in Coral Gables, provided a $21.5 million construction loan to the developers, through affiliate 1745 James LLC, in June.
Previously, the site housed the 36-unit Sanctuary South Beach Condo. The developer bought the condos for $14.41 million in 2019 before demolishing the building.
Source: SFBJ
